6571 Banyan Street
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2019 | Sold | ||
| Sold | |||
| Sep 10, 2018 | No longer available | - | |
| No longer available | |||
| Sep 7, 2018 | Sold | ||
| Sold | |||
| Sep 4, 2018 | Listed | $24,500 | |
| Listed | |||
| | |||
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Three lots are available and they are next to each other. Each lot is $24,900. Two lots are cleared, this lot needs to be cleared. Paved road, all utilities are available and ready, city water is in. West of the Interstate 95 and close to the High School, across the street are large County parcels. Ready for you to Build.
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| Aug 9, 2018 | Listed by RE/MAX Elite | $24,500 | |
| Listed by RE/MAX Elite | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017